Turnkey Restaurant for Sale
📍 Knoxville, Tennessee in UT Campus
Asking Price: $195,000 (Includes Goodwill, Furniture, Fixtures, Equipment & Inventory)
Gross Revenue: ~$480,000/year
Cash Flow (Est.): ~$148,800/year
🏢 Business Overview
A well-known restaurant in Knoxville, TN, with a strong local following and repeat customer base. The restaurant features 25 indoor seats and 6 outdoor seats, making it ideal for dine-in, takeout, and delivery.
This is a true turn-key operation — you’ll receive everything you need to continue operations immediately, including goodwill, furniture, fixtures, equipment (FFE), and current inventory.
🏢 Property & Lease Details
Lease: Month-to-month (renewable with a 3-year minimum contract)
Rent: $4,500/month (NNN)
Parking: On-site parking available
Condition: Fully compliant with health & fire codes, well-maintained equipment
🚀 Growth Potential
Expand catering and delivery partnerships
Extend operating hours to capture late-night or weekend traffic
Strengthen marketing campaigns and social media presence
📦 Included in Sale
✅ Goodwill – Established name & customer base
✅ Furniture, Fixtures & Equipment (FFE)
✅ Current Inventory (food, beverages, and supplies)
🌟 Optional Brand Licensing Opportunity
For buyers who wish to keep the Brand name, menu, and brand identity, the seller offers an optional brand licensing agreement: Available
Includes rights to use the logo, recipes, and supplier relationships
Ideal for a buyer who wants to step into a recognized, trusted business from day one
📞 Contact for Details (865) 909-7217
